Powering the Mobile Retail and Commerce Revolution to Elevate the Consumer Experience
VeriFone Systems, Inc. (NYSE: PAY), today, reveals how its comprehensive suite of payments solutions is helping leading retailers interact with, impact and impress their customers.
New innovations on the show floor will include:
- A new, size-adaptable payment acceptance solution for tablets—the first to work with iPad mini.
- New versions of PAYware Mobile for iPhone 5 and the new iPod touch.
- New, cloud-based services for bridging today with tomorrow’s innovations and managing ever-growing payments complexity.
“VeriFone is enabling retailers to enrich their relationship with the consumer by providing the latest in mobile technology and services needed to untether themselves from the checkout counter, deploy mobility, reduce payments and infrastructure complexity, and impress their customers with new content and new experiences,” said Jennifer Miles, VeriFone executive vice president, North America.
Transforming Transactions into Meaningful Interactions
VeriFone makes it simple for retailers to interact with customers to ensure not just a sale, but an experience, utilizing tablets and smart devices that empower the salesperson and delight the consumer:
Microsoft presents at BIG Ideas session
Microsoft will demonstrate in a BIG Ideas session how it is now accepting payments with a single, mobile interface using a Windows phone to drive purchases and enhance the customer experience at its Microsoft Store retail locations. VeriFone is providing the payments acceptance for the co-branded solution, which offers end-to-end encryption of cardholder data and PCI compliance and handles all transactions through VeriFone’s PAYware Connect gateway.
New version of PAYware Mobile for Tablets
VeriFone’s latest version of PAYware Mobile is adaptable and provides the first complete retail payment acceptance solution for iPad mini. This new, certified, core payment solution can accommodate 7-to-10-inch tablets, such as the latest iPad with retina display for a growing number of use cases from kiosk to roaming retail applications. This new version supports mag-stripe, EMV and NFC payment acceptance, and incorporates a 2D bar code imager and PIN pad.
PAYware Mobile for iPhone 5, new iPod touch
VeriFone’s latest version of PAYware Mobile for iPhone 5 and the new iPod touch is a multifunction solution incorporating mag-stripe, NFC and EMV acceptance, with an integrated PIN pad, as well as a 2D barcode imager.
Mobile wallet and alternative payment acceptance
VeriFone will provide NRF attendees with the opportunity to experience PayPal, Google Wallet and the Isis Mobile Commerce Application at its booth. The company has made paying with mobile wallets at the checkout a reality at thousands of checkout lanes for retailers including Abercrombie & Fitch, American Eagle Outfitters, Babies ‘R’ Us, Bloomingdales, Champs, Foot Locker, Jos. A. Bank, Macy’s, Radio Shack, The Container Store and Toys ‘R’ Us.
Impacting Business Efficiency
VeriFone continues to build its portfolio of cloud-based services designed to ease the burden on retailers of supporting complexity such as PCI, EMV and deployment of mobile devices:
VeriFone HQ cloud-based estate management
VeriFone HQ, a next generation, cloud-based estate management solution that continues to gain momentum, and is now deployed at a number of top retailers to help manage the increasing complexity of the payment ecosystem .
Elevating the Consumer Experience
VeriFone provides the technology and services to transform cash registers into roaming mobile points of interaction, and deliver videos, promotions and other content to enhance sales at the point of purchase.
VeriFone GlobalBay Doubles Customer Base
VeriFone GlobalBay doubled its customer base in 2012. More than 60 specialty retailers are using GlobalBay software—often in tandem with PAYware Mobile—to create exciting new in-store and omni-channel experiences for their customers through mobile POS, virtual look-books, online catalogues, clienteling and on-the-spot inventory management systems.
MX 900 series becoming the de facto standard
VeriFone’s customers include 80 percent of the top 200 U.S. retailers. Since it was announced at NRF last year, dozens of these customers have standardized on the MX 900 Series to provide an enhanced customer experience at the point of sale. The MX 900 Series is a comprehensive payment-enabled media solution that securely delivers powerful multimedia, content and payments. The MX 925 features a stunning 7-inch color display for targeted video and promotional presentations. The MX 915 provides full-motion video capabilities in a slim, space-saving design.
Experience Interact. Impact. Impress
Attendees can visit VeriFone at booth 1053 to touch and feel the new, impactful retail experience and hear how retailers are transforming transactions, impacting business efficiency, and elevating the consumer experience. Or, visit VeriFone’s BIG Ideas sessions at NRF:
- Monday, Jan. 14, 9:15 – 9:45 a.m.– VeriFone will discuss EMV basics and the challenges associated with the upcoming US migration. This session is ideal for retailers that would like to learn about EMV and start to create a plan towards the transition. Room 3D09, EXPO Hall.
- Tuesday, Jan. 15, 2:30 – 3:15p.m.– Microsoft unveils how its retail environments now securely accept multiple payments with a single interface. Discussion will focus on the company’s move from traditional point-of-sale to virtual shopping assistants and mobile wallets with VeriFone. Room 3D08, EXPO Hall.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for VeriFone Systems, Inc.
This press release includes certain forward-looking statements related to VeriFone Systems, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on VeriFone management’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of VeriFone Systems, Inc. These risks and uncertainties include: customer acceptance and adoption of our new solution offerings, our ability to protect against fraud, the status of our relationship with and condition of third parties upon whom we rely in the conduct of our business, our dependence on a limited number of customers, uncertainties related to the conduct of our business internationally, our dependence on a limited number of key employees, short product cycles, rapidly changing technologies and maintaining competitive leadership position with respect to our payment solution offerings. For a further list and description of such risks and uncertainties, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. VeriFone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.
About VeriFone Systems, Inc. (www.verifone.com)
VeriFone Systems, Inc. (“VeriFone”) (NYSE: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.